Elon Musk is no stranger to shaking up financial services, having founded online bank X.com (later to merge into Paypal) over 25 years ago. And he’s looking to take further control of the world of digital finance and social media with a groundbreaking partnership with Visa to launch its new financial service, XMoney.
Tag: social media
Barclays Top Bank On Facebook
According to research from Sotrender, Barclays UK is the top bank/building society on Facebook, based on the number of fanpage likes.
Infographic: Financial Services & Social Media
Given the increased buzz surrounding social media and the transformative effect it can have on brand engagement, Datamonitor highlight what financial institutions stand to gain by making their services more sociable in this huge infographic.
UK Banking Social Media Report
Independent research company Digitial MR has released its first annual UK Banking Social Media report, in which they analysed over 200,000 customer comments about high street banks between January and December 2011.
Infographic: “Social Commerce”
Almost half of social media users would be at least somewhat comfortable giving their credit card information to a known brand through a secure payment process on a social media site such as Twitter or Facebook.
Infographic: Can Social Media Compromise Home Security?
Here’s an infographic from the US which shows how your social media use could compromise the safety of your home.
How Social Media Will Influence Wall Street Trading
Mashable has posted an interesting article on how Wall Street is looking to use data from social media to predict markets and ultimately influence trading decisions.
Lloyds TSB Me
Lloyds TSB is trying to generate some social media interest with a tool to create your own avatar which could be featured in a new advert.
Do Your Social Media Friends Help With Your Finances?
Moneyfacts reports the results of a survey which suggested that 43% of us buy financial services as a result of a recommendation via social networking friends.
Banks Need To Understand Social Media
Brett King has posted some example of banks struggling to understand and respond to social media, with HSBC, Bank Of America and ANZ the culprits.